RNC Capital Management LLC Trims Stock Position in United Parcel Service, Inc. $UPS

Key Points

• RNC Capital Management cut its stake in United Parcel Service by 14.7% in Q4, selling 65,083 shares and leaving it with 379,168 shares worth about $37.61 million.
• Amazon is expanding third‑party access to its logistics network (ASCS), prompting a sector selloff and posing a direct, potentially long‑term pricing and scale threat to UPS’s margins.
• UPS beat quarterly estimates with $1.07 EPS and $21.20 billion in revenue (revenue down 1.4% YoY), while analysts have an average "Hold" rating and a $112.08 target price.

RNC Capital Management LLC cut its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 14.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 379,168 shares of the transportation company's stock after selling 65,083 shares during the period. RNC Capital Management LLC's holdings in United Parcel Service were worth $37,610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of United Parcel Service by 63.8% in the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock valued at $1,529,000 after buying an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in United Parcel Service during the 2nd quarter worth approximately $277,000. SVB Wealth LLC acquired a new stake in United Parcel Service in the second quarter valued at $848,000. Treasurer of the State of North Carolina lifted its position in shares of United Parcel Service by 2.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company's stock valued at $34,609,000 after acquiring an additional 9,124 shares during the period. Finally, Ieq Capital LLC raised its holdings in United Parcel Service by 154.5% during the second quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company's stock worth $10,580,000 after purchasing an additional 63,629 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Performance

Shares of NYSE UPS opened at $96.28 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 1.22 and a debt-to-equity ratio of 1.50. The stock has a 50 day simple moving average of $103.46 and a 200-day simple moving average of $101.92. The company has a market cap of $81.75 billion, a PE ratio of 15.58, a P/E/G ratio of 1.71 and a beta of 1.06. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The business had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The business's revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.49 earnings per share. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.1 EPS for the current year.

Analyst Upgrades and Downgrades

UPS has been the subject of several analyst reports. Stephens boosted their price target on United Parcel Service from $113.00 to $115.00 and gave the company an "equal weight" rating in a report on Wednesday, January 28th. HSBC upgraded United Parcel Service from a "hold" rating to a "buy" rating in a report on Wednesday, January 28th. JPMorgan Chase & Co. increased their price objective on shares of United Parcel Service from $99.00 to $107.00 and gave the company a "neutral" rating in a research report on Wednesday, January 28th. Oppenheimer raised their target price on United Parcel Service from $107.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, January 28th. Finally, Truist Financial lifted their price target on United Parcel Service from $120.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, United Parcel Service presently has an average rating of "Hold" and an average target price of $112.08.

Key Headlines Impacting United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Dividend floor could limit downside — commentators argue selling dividend names like UPS may be premature because its yield and value multiples attract income funds that could stabilize the share price. Why selling these 3 dividend stocks could be a mistake
• Neutral Sentiment: Macro/geopolitical headwinds — a resurgence of conflict in the Middle East rattled markets and contributed to a risk-off tone that exacerbated declines in cyclical and transportation names. Review & Preview: War Redux
• Neutral Sentiment: Sector weakness — consumer and transportation-related stocks fell in late trading as investors rotated out of cyclicals, adding to pressure on UPS alongside company-specific news. Sector Update: Consumer Stocks Fall Late Afternoon
• Negative Sentiment: Direct competitive threat from Amazon — Amazon’s rollout of ASCS opens its global logistics network to third parties, creating a pricing and scale threat that directly targets UPS’s core parcel and fulfillment business. Market reaction was immediate and severe. UPS, FedEx stocks sink after Amazon expands logistics network to other businesses
• Negative Sentiment: Structural disadvantage for incumbents — analysis warns Amazon’s non-unionized, highly automated network and scale-driven cost advantages could pressure UPS margins long term, forcing a re‑rating of legacy carriers’ earnings power. Amazon Weaponizes Logistics, Triggering Sector-Wide Selloff

United Parcel Service Profile

United Parcel Service NYSE: UPS is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

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